Tidemark LLC Sells 47,412 Shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP)

Tidemark LLC reduced its position in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 96.9% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,524 shares of the company’s stock after selling 47,412 shares during the quarter. Tidemark LLC’s holdings in SPDR Portfolio TIPS ETF were worth $40,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. 1620 Investment Advisors Inc. purchased a new stake in SPDR Portfolio TIPS ETF during the 2nd quarter valued at about $26,000. Farmers & Merchants Investments Inc. purchased a new position in SPDR Portfolio TIPS ETF during the second quarter valued at $31,000. B. Riley Wealth Advisors Inc. purchased a new position in SPDR Portfolio TIPS ETF during the 1st quarter valued at about $205,000. Prosperity Planning Inc. bought a new stake in shares of SPDR Portfolio TIPS ETF in the 3rd quarter worth approximately $206,000. Finally, Charles Schwab Trust Co bought a new stake in SPDR Portfolio TIPS ETF in the third quarter worth $218,000.

SPDR Portfolio TIPS ETF Stock Performance

Shares of SPDR Portfolio TIPS ETF stock opened at $25.54 on Monday. SPDR Portfolio TIPS ETF has a twelve month low of $24.94 and a twelve month high of $26.43. The company’s 50 day moving average is $25.99 and its 200 day moving average is $25.70.

SPDR Portfolio TIPS ETF Profile

The SPDR Portfolio TIPS ETF (SPIP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of inflation-protected US Treasurys with a remaining maturity of at least one year. SPIP was launched on May 25, 2007 and is managed by State Street.